No. 64: Willard Ahdritz | Power 100

64

WILLARD AHDRITZ, 54

Founder/CEO, Kobalt

$494 MILLION IN FISCAL 2018 REVENUE: In 2018's second quarter, Kobalt logged a 19 percent share of radio's top 100 songs, ranking No. 2 on Billboard's Publishers Quarterly -- a position the company last held in 2014. The third quarter proved even more eventful: While London-based Kobalt maintained its second-place rank and generated $494 million in revenue for fiscal year 2018, Ahdritz announced a $150 million infusion for its recorded-music division, AWAL. Kobalt also began a strategic partnership with Glassnote (which was previously distributed by Universal Music Group) that added the catalogs of Mumford & Sons, Phoenix and Chvrches to AWAL's roster of Rex Orange County, Lauv and deadmau5.